Germany’s Economy Seen Stalling for Remainder of the Year
- GDP expected to stagnate in 3Q, grow 0.1% in final quarter
- ZEW investor confidence probably deteriorated again this month
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Germany’s economy — still reeling from a winter recession — will barely expand in the second half of the year, according to a Bloomberg poll.
Having already stalled in the second quarter, economic output will stagnate again in the three months through September and then grow just 0.1% in the final quarter, the survey of economists — conducted Aug. 4-10 — showed. That’s down 0.1 percentage point from expectations for each period just a month ago.